The rupee moved marginally against the dollar on the inter-bank market on Wednesday, marketmem said.
INTER-BANK MARKET RATES: RATES: The rupee shed 10 paisas for buying at Rs 166.70 while it showed no change versus the dollar for selling at Rs 166.90, they said.
In the third Asian market trade, the dollar gained broadly against riskier currencies on Wednesday, with markets staring at what is likely to be one of the worst economic contractions for decades as the world locks down to fight the coronavirus pandemic.
The greenback advanced against the Australian and New Zealand dollars, sterling, and most emerging market currencies as fresh selling in global shares highlighted growing risks from the pandemic that has shown little sign of abating.
Interbank Closing Rates: Interbank Closing Rates For Dollar on Wednesday.
======================== Bid Rate Rs 166.70 Offer Rate Rs 166.90 ========================